Trace Financial updates Transformer for Swift Standards 2012

Trace Financial announced today that the Swift Standards libraries supplied with Transformer - the company's advanced message transformation product - have been fully updated in line with Swift Standards 2012 (SR 2012).

Within the financial messaging arena, Transformer's SWIFT libraries have gained an enviable reputation for both quality and completeness of coverage. As well as full message definitions for all of the ISO 7775, 15022 and 20022 messages, the libraries include an extensive range of ready-built mappings for MT-MX coexistence.

Transformer also supports numerous other industry standards including FIX, FpML, CREST, TRAX, OMGEO, etc. The validations and mappings created in Transformer are deployable into any messaging infrastructure.

John Murphy, M.D. of Trace Financial stated "Transformer offers financial institutions a truly strategic solution to the issues involved in managing complex financial message standards. Our clients report that the solutions they construct using Transformer are quick to develop and easy to maintain."

This announcement replaces the annual notification - provided by many companies in the financial messaging arena - stating that SWIFTReady accreditations had been received for either Financial EAI or Messaging Data Services. Those accreditation programs
have now been withdrawn by SWIFT (2011 was the final year).

Trace Financial looks forward to meeting finextra readers at the SWIFT Business Forum on 25th April.